Business Secretary announces founding partners of £65 million battery technology research institution

Business Secretary Greg Clark has announced the universities that will lead pioneering research into the next generation of battery technology.

Business Secretary Greg Clark has today (Monday 2 October) announced the consortium of UK universities that will form The Faraday Institution, a new £65 million research institute responsible for building the UK’s status as a global leader in battery research and technology.

The institution will bring together the expertise and insight from its 7 founding partner universities, industry partners and other academic institutions to accelerate fundamental research to develop battery technologies. Ensuring the UK is well placed to take advantage of the future economic opportunities from emerging technology.

The universities forming the institution are:

Announcing this major investment in the UK’s research base Greg Clark said:

Through the Faraday Research Challenge we are cementing our position as the ‘go-to’ destination for battery technology so we can exploit the global transition to a low carbon economy.

The Faraday Institution will have a critical role in fostering innovative research collaboration between our world-leading universities and world-beating businesses to make this technology more accessible and more affordable.

We have huge expertise in this area already and The Faraday Institution collaboration between our 7 founding universities provides a truly unique opportunity for us to bring together our expertise and an effort in this area behind a common set of strategic goals to ensure the UK exploits the jobs and business opportunities.